DEAR Uncle Sam,
My mother told me to send thank-you notes promptly. I’ve been remiss.
Well, Warren, you have a large chunk of Wells Fargo stock. Why don't you force the management to value its 2nd-mortgage paper at market?
And by the way, will you take back all the first-mortgage paper that Wells Fargo ginned up and sold to Fan/Fred/FHA?
ALL of it?